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South Africa remains in a dire energy crisis with utility costs having increased by 17% most recently and with the local provider desperately needing an additional 5,000 megawatts of generating capacity. And, if we consider that almost 77% of South Africa’s primary energy needs are reliant on coal, then there is no doubt that we are heading towards not only an energy, but an environmental crisis too.
Demonising oil and gas companies is not a constructive way forward on energy transition. Africa will push for 'the Right to Drill'. African nations must and will take advantage of their hydrocarbon resources for economic development. Environmental sustainability is a part of it, not an impediment.
It’s a sobering thought, but South Africans have a serious climate change problem. As the world’s 14th largest emitter of carbon dioxide, we have a massive role to play in responding to climate change, and a duty to the planet to shift to a lower-carbon economy. As a signatory to the 2015 Paris Accord, United Nations member countries agreed to hasten their transition to a low-carbon future.
Climate activist Greta Thunberg, 16, addressed the U.N.'s Climate Action Summit in New York City on Monday, 23 September 2019. Here's the full transcript of Thunberg's speech - a powerful message to the world's leaders.
The UN has estimated that the global population will near 11.3 billion by 2060, with Africa expected to experience just as much exponential growth (2.5 billion by 2050), which will represent about 26% of the world's total population.
Although South African business leaders may feel somewhat besieged by bad news and murmurs of ‘unbearable’ Eskom tariff hikes, tech-fuelled innovation is providing business with new options to lower energy consumption.